Fed fingerprints all over ‘dollar-is-doomed’ talk

As China draws down dollar holdings and the yuan trumps the US greenback in Russia, more and more economists are asking if an inflection point has been reached. Count Nobel laureate Paul Krugman firmly in the “no” camp. “The dollar’s dominance isn’t under threat,” the New York Times columnist argues. Others aren’t so sanguine as […]Continue Reading

Qmed Asia raises US.2mil in equity crowdfunding via Leet Capital, plans regional expansion

Began as an appointment booking and mobile live queue system provider
Allows doctors and clinicians to identify patterns and trends in patient data [Ed: Qmed raised US$1.16 million and not US$932k as per an earlier version. The error is regretted.]
Malaysian health-tech startup Qmed Asia has successfully raised US$1.16 mil (RM5,101,298) through an Equity…Continue Reading

Qmed Asia raises US2k in equity crowdfunding via Leet Capital, plans regional expansion

Began as an appointment booking and mobile live queue system provider
Allows doctors and clinicians to identify patterns and trends in patient data Malaysian health-tech startup Qmed Asia has successfully raised US$932,000 (RM5,101,298) through an Equity Crowdfunding (ECF) campaign on Leet Capital. Attracting support from 110 investors, including Angel Investors, the Malaysia…Continue Reading

ADA acquires Indian startup, dhiOmics, to launch global data and AI delivery hub

Acquisition enables ADA to strengthens its position in Indian market
Digital transformation will be enhanced, enabling ADA to deliver at speed & scale ADA, the largest digital growth partner in South and Southeast Asia, has acquired Bengaluru, India based startup, dhiOmics to launch its Global Data and AI delivery hub. 
In a statement, the company…Continue Reading

No, BlackRock is not leading a Marxist assault on capitalism

Five years ago it would have been unimaginable, but today there is a global movement convinced the world’s largest corporations are engaging in stealth warfare to transform liberal democracies into neo-communist dictatorships. At the heart of this corporate-led Marxist revolution, apparently, is the trend towards businesses not just focusing on profit maximization but taking into […]Continue Reading

With its US.5mil funding, Soft Space sets record as highest Series B raised by a Malaysian startup, eclipsing Aerodyne

Aims to expand global footprint, strengthen operations
Southern Capital led round with Malaysia’s Hibiscus Fund among investors Soft Space Sdn Bhd, a Malaysian based leading fintech, today announced it has raised US$31.5 million in its Series B funding round, making it the largest Series B raised by a Malaysian startup. Global drone…Continue Reading

The great re-shoring charade

NEW YORK – Moving factories from China to Mexico is one of the few hot topics in an otherwise listless market, US investment bankers say. As American hostility to China rises, US corporations scramble to assure the public as well as inquisitive congressional committees that they are moving operations out of the Middle Kingdom to […]Continue Reading

China back in global growth driver’s seat

In the Xi Jinping era, China has struggled to balance how its economic ambitions play beyond its borders. What may look like savvy reform plans in Beijing can easily get lost in translation abroad. Case in point: Communist Party leader Xi is assuming even greater control over China Inc even as insiders argue new Premier […]Continue Reading

Asia needs a cross-border fintech policy

Financial technology is a sector that’s growing rapidly across Asia, which is benefiting economies and societies in the region, but some clear – and resolvable – challenges remain. While many of the biggest tech giants are currently based elsewhere, the consumer fintech boom has taken off in Asia like nowhere else.   The existence of […]Continue Reading

Webinar video: Digital Revolution in the Global South

Watch the webinar video Mobile broadband, Cloud computing and Artificial Intelligence are transforming the Global South. The International Monetary Fund wrote this year, “Digital technologies can increase the efficiency of the public and private sectors, expand financial inclusion, improve access to education, and open new markets by allowing companies to serve distant customers.” At the grassroots […]Continue Reading